Business & Money | Monday 1 May, 2017 9:12 am

Middle East Construction Market to Top USD 300 Billion by 2019

  With the Middle East and North Africa’s construction market topping USD 300 billion by 2019, felt solutions will cut costs and deliver comfortable spaces, architects and interior designers agreed today ahead of International Design Exhibition (INDEX) in...

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Business & Money | Monday 1 May, 2017 2:54 am

Al Meera achieves Sales of QAR 644.1 million and Gross Margin of QAR 105.2 million in the first quarter of 2017

Al Meera Consumer Goods Company (Q.S.C.) announced its financial results for the first quarter of 2017, three months ended 31 March 2017. Sales reached QAR 644.1 million, compared to QAR 641.0 million for the same period in 2016, and Gross Margin increased from QAR 99.7 million in 2016 to QAR 105.2 ...

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Business & Money | Monday 1 May, 2017 1:35 am

Banks yet to calibrate CDMs to recognize new banknotes

More than four months after Saudi Arabia issued new banknotes, cash deposit machines (CDMs) around the Kingdom do not accept them as banks have not yet completed configuring their software to scan the new bills. Customers have been facing difficulties in depositing new notes in their accounts...

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Business & Money | Monday 1 May, 2017 1:30 am

UAE welcomes the introduction of Dubai Font with open arms

Dubai is on the fast lane towards becoming a super tech city in years to come and the introduction of ‘Dubai Font’ reinstates its position as a digital hub, stated by Mirvat Naba, Operations Director of Virtue PR, one of the fastest growing communications consultancies in the Middle...

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Business & Money | Monday 1 May, 2017 1:02 am

DIFC Investments LLC Chairman Essa Kazim outlines Robust Performance for 2016

His Excellency Essa Kazim, the Chairman of DIFC Investments LLC (DIFCI) and Governor of Dubai International Financial Centre (DIFC), the leading financial hub in the Middle East, Africa and South Asia, was pleased to report a ‘robust’ performance as he delivered DIFCI’s audited...

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Business & Money | Monday 1 May, 2017 12:22 am

AnchorAnchorLeatherworld Middle East 2017 opens featuring 65 exhibitors from 16 countries

Exotic Indonesian reptile skins, luxury fashion accessories, UAE-produced camel leather goods, and the global launch of 24 karat gilded stilettos from Italy all shared the stage, as the Middle East’s dedicated leather industry trade show opened in Dubai today (30 April). The exhibition was...

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Business & Money | Monday 1 May, 2017 12:16 am

Saudi’s commercial real estate market witnessed slowdown in demand for commercial space in Q1 2017

Knight Frank, the leading independent global property consultancy, published today its Saudi Arabia Commercial Review for Q1 2017, examining the demand, supply and performance of office spaces across Riyadh, Jeddah and the Eastern province. According to the report, the slowdown in demand for...

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Business & Money | Monday 1 May, 2017 12:10 am

Government and financial leaders discuss steps to promote inclusive growth at 3rd Mastercard Prepaid and Government Conference

The need to build ecosystem-wide collaboration to drive inclusive growth and the potential of prepaid payment solutions to act as a platform to strengthen economies and connect more people to the formal financial system were among the main topics of discussion at Mastercard’s third Prepaid...

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Business & Money | Sunday 30 April, 2017 11:45 am

HRH Prince Turki bin Abdullah bin Abdul Aziz Al-Saud to open American Express World Luxury Expo

World Luxury Group has announced that HRH Prince Turki bin Abdullah bin Abdul Aziz Al-Saud will open the World Luxury Expo on May 3 at the Ritz Carlton – the fifth time it is being held under the headline sponsorship of American Express Saudi Arabia. The World Luxury Expo, which runs from...

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Business & Money | Sunday 30 April, 2017 11:26 am

Emirates Printing Press Opens New Printing and Packaging Facility in Dubai Industrial Park

Emirates Printing Press (EPP), a high-quality, multi-award-winning commercial printing press based in Dubai, announced the opening of its third 255,000 square feet printing and packaging facility in Dubai Industrial Park. The inauguration ceremony on March 22 was attended by Abdulla Belhoul,...

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